Amazon Steps Up AI Race With $4 Bn Anthropic Investment

Amazon said on Monday it would invest up to $4 billion in AI firm Anthropic, as the online retail giant steps into an AI race dominated by Microsoft, Google and OpenAI

Paris, (UrduPoint / Pakistan Point News - 25th Sep, 2023) : Amazon said on Monday it would invest up to $4 billion in AI firm Anthropic, as the online retail giant steps into an AI race dominated by microsoft, Google and OpenAI.
The success of OpenAI's ChatGPT, a chatbot released last year that is able to generate poems, essays and other works with just a short prompt, has led to billions being invested in the field.

Amazon had already announced it aimed to soup up its Alexa voice assistant with generative AI, which the firm said would allow users to have smoother conversations.

San Francisco-based Anthropic is seen as a leader in the field and has its own chatbot, Claude, a competitor to ChatGPT.

"We have tremendous respect for Anthropic's team and foundation models, and believe we can help improve many customer experiences, short and long-term, through our deeper collaboration," said Amazon CEO Andy Jassy.
The giant firms and wealthy investors of Silicon Valley have poured money into artificial intelligence as they seek to find a killer application to justify the interest.
ChatGPT's instant success threw much of the focus onto chatbots and sparked imitators and rivals, not least from Google with its Bard chatbot.
Chinese titans Tencent and Baidu have also launched bots they claim can rival ChatGPT.